The reduction in distribution costs of digital products has renewed interest in strategies for pricing goods with low marginal costs. In this paper, we evaluate the concept of customized bundling in which consumers can choose up to a quantity M of goods drawn from a larger pool of N different goods (N>M) for a fixed price. We show that the complex mixed bundle problem can be reduced to the cust...

Using marginal agricultural lands to grow energy crops for biofuel feedstocks is a promising option to meet the biofuel needs in populous China without causing further food shortages or environmental problems. Here we quantify the effects of growing switchgrass and Miscanthus on Chinese marginal agricultural lands on biomass production and carbon emissions with a global-scale biogeochemical mod...

This communication is concerned with the existence of equilibrium in Cournot’s model of oligopoly [2, Chap. VII]. This question, of course, has been examined often (see, e.g., [l-3]). To our knowledge, however, all previous treatments of the problem have assumed (either directly or indirectly) that the reaction curves of the firms are single-valued continuous functions or convex-valued, upper h...

Planting non-food bioenergy crops on marginal lands is an alternative bioenergy development solution in China. Native non-food bioenergy plants are also considered to be a wise choice to reduce the threat of invasive plants. In this study, the impacts of climate change (a consensus of IPCC scenarios A2a for 2080) on the potential distribution of nine non-food bioenergy plants native to China (v...

This paper develops a model framework and a corresponding empirical inference procedure for estimating long-run marginal cost in industries where production costs decline over time. In the context of the solar photovoltaic module industry, we rely on firm-level financial accounting data to estimate the long-run marginal cost of PV modules for the years 2008 -2013. During those years, the indust...

This study utilises data collected from Costa Rican dairy farmers to conduct a cradle farm gate Life Cycle Assessment and the first Marginal Abatement Cost Curve (MACC) for production in Latin America. Ninety farms across five typologies were assessed, reflecting Rica's diverse agroclimatic zones varying degrees of dairy/beef specialisation. The efficacy cost-effectiveness specific mitigation m...

A model is presented in this work for simulating endogenously the evolution of the marginal costs of production of energy carriers from non-renewable resources, their consumption, depletion pathways and timescales. Such marginal costs can be used to simulate the long term average price formation of energy commodities. Drawing on previous work where a global database of energy resource economic ...

With concerns of energy shortages, China, like the United States, European Union, and other countries, is promoting the development of biofuels. However, China also faces high future demand for food and feed, and so its bioenergy program must try to strike a balance between food and fuel. The goals of this paper are to provide an overview of China's current bioethanol program, identify the pote...